You’ll need to write a cancellation letter to cancel your health insurance. This letter will state your name, policy number, and the date of cancellation. Be sure to include the effective date of the cancellation, typically the foremost day of the month following the date the letter is written.
You’ll need to send this letter to your insurance company, and you should keep a copy for your records. Here’s a template that you can use for your cancellation letter. This is free, and you can easily download it.
Cancellation Letter for Health Insurance
[Date]
[Your Name]
[Address]
[Health Insurance Company]
[Health Insurance Circle]
[Address]
Re: Cancellation of the Policy
Insured: [Insert Insured’s Name here]
Policy Number: [Insert Policy Number here ]
Policy Period: [Insert Policy Period here]
Dear Sir/Madam,
We regret to inform you that we will cancel your health insurance policy until [date].
Please be assured that this decision was not made lightly. However, due to the rising healthcare costs, we are forced to make this difficult choice. We hope you will understand our decision and wish you all the best in finding new coverage.
Very truly yours,
[Your Signature]
[Your Name]
[Your Mailing Address]
[Your Telephone Number]